The FEB T20 is out - and somewhat remarkably it shows very little change from JAN (to the point that it makes me question how accurate it is). The lowest holding in the T20 is around the 940-950k mark. Given the volumes that have been sold off recently, I would have expected at least one of the T20 to have had a substantial change in their holdings. With a quick glance only, the only notable changes are holder #1 CITICORP NOMINEES reducing shares by ~350k odd, and holder #11 WARBONT NOMINEES increasing by ~300k odd. We've seen these holders make these types of movements before - so nothing surprising there.
Another conclusion could be that a significant holder is simply trading across accounts to push the price down, without reducing their holding? I'll let the experts weigh in on this.
Here's the list
Cheers, Dingo.
CNB Price at posting:
47.0¢ Sentiment: Buy Disclosure: Held
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